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vining davis foundations. >> ( choir singing ) >> "the angel gabriel was sent from god to a city of galilee named..." >> narrator: every sunday, in every corner of the world... >> "...the virgin, betrothed to a man whose name..." >> narrator: ...people gather to hear a story. >> "...and the virgin's name was mary." >> narrator: for more than 2,000 years, that story has been told and retold. >> "...and to bear a son." >> narrator: along the way, each generation has found in its telling its own meaning and interpretation. >> "'...you shall call his name jesus...'" >> narrator: that story, of a man called jesus of nazareth, a man who became jesus christ, was originally told by his first followers... >> "'...and be called the son of the most high.'" >> narrator: ...and then retold in accounts by later believers in the gospels. >> "the gospel according to st. luke." >> narrator: so began the building of a religion. now it is our turn, with the help of scholars and historians, theologians and archaeologists, to return to that time and use our best efforts to understand that story... of
over at citi, but i would be happy if i were a shareholder. the stock went up on the news. never easy to change your mind. something we're asking of our politicians, they can't do that. but citigroup's management was willing to take the hard medicine for the shareholders. we hear endless negativity about china and europe, but the chinese market last night, it was a gigantic move signifying what might be the beginning of a new growth phase. have you checked european stocks lately? smoke show. hey, even i can get too gloomy. i've been critical of bank of america for its unfathomable top dollar acquisitions, including the ill-timed merrill lynch purchase and the ridiculous countrywide buy. i've chided these guys as being one gigantic law firm with a bank attached. that's how much their earnings have been dependent upon legal obligations. and that's what cuts them. bank of america led the dow today, broke out above $10. a level hasn't been seen in ages as the unsold homes dwindles, i think it probably goes higher. here's the bottom line, listen to me, go ahead, be gloomy, you have every r
. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. let'for an idea.s - a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful t
toward really slimming down citi by the new ceo. he has a quote in here saying these actions are logical next steps in citi's transformation and says they're committed to strategy that continues to leverage in the global banking market. if you go through the list of where these jobs are actually coming from, institutional clients group which is investment banking a quarter of the job cuts are going to come from there. my 2013 predictions i said that group would slim down by half. interesting that they are cutting a big chunk of that group. global consumer banking is responsible for 35% of the cuts and then going on through the other business lines like citi holdings, those are responsible for smaller portion of those jobs. citi getting smaller. a billion dollars going to be the pretax charge in the fourth quarter of next year. 11,000 jobs a big move from the new ceo over there. carl? >> all right. thank you very much, kayla. we're reading through the release right now ourselves. big strategic move. >> how many people work at this bank? i feel like they've been firing forever. citi did no
to massachusetts. also got the houston mayor to tell us how her city is preparing for a strike. futures still a little jittery here this morning. dow down 86. "squawk on the street" back in a minute. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. >>> instagram users may have made good on their threat to dump the photo sharing app after the controversy over new privacy rules, according to app data in the "new york post." app data says that instagram may have shed almost 25% of its daily active users as a res
this morning, the kansas city fed survey. the lead story in the journal today is a 6.9% rise in house prices so far this year. since january. and some people are saying after some false starts, residential has concerned. >> well, you're right. >> you can have some recovery, some have firmness in housing prices, but it's going to drive the recovery on the back of housing. that's not going to happen. >> and people are choosing who to hook up with. i couldn't tell whether that spoke to you or whether you thought it was odd. you thought it was a pretty good idea, i think. you don't want to go out with someone who has a 200, do you? >> do you think eharmony should add a little line, what is your credit score? >> what is your credit score. >> and people are dating now on -- >> can you trust someone who you give your attentions to and eventually give your heart to that doesn't pay your bills? would you? it makes sense to me, doesn't it? >> i don't know about that. >> you could stay with the person, too. >> change them? >> wasn't that the problem when you're -- you don't want a lasting relationship wit
that rebels surround the city of damascus which has been an assad stronghold. secretary of state hillary clinton says that bash ar al assad is assad-of- could use chemical weapons to hold on to power and told cbs news, not clear she can negotiate an exit pnd tends to recognize the syrian opposition as the representative of the syrian people next week. that could start to pave the way for them to create a new government. >> very interesting. margaret brennan, thank you noor. >>> in washington this morning, just 26 days left before the fiscal cliff deadline. president obama spoke on the phone with house speaker john boehner on wednesday while his treasury secretary said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, good morning. >> reporter: good morning, norah and charlie. later on this afternoon the president will travel across the potomac river to northern virginia to meet a middle-class family to make the self-evident point if the there is a deal and taxes are raised by about $2,000 they'll be
they canceled their plans to meet for a holiday celebration in new york city, every single one of them came home instead. >> we've all been such good friends such a long time. we all grew up here. and it's so close-knit, this community. everyone kind of has each other's backs and does whatever it can to help each other out. >> we will be leaving newtown to give this small town its streets back. for the residents here to grieve and share together. but we're not going to stop covering this or talking about it in honor of those who died to make those in power take action to stop anything like this from happening again. "piers morgan starts now." >>> tonight, two more funerals, two more impossibly small coffins what will america do to stop a madman. >> i am a supporter of the second amendment. but i believe it's time for us to move a different direction. >> and the congresswoman who lost her husband in the long island railroad shooting. >>> also, i'll go one-on-one with a gun advocate who said that lawmakers who vote for gun control have blood on their hands. could he be serious? >
yet. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. well, if itmr. margin?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smar
the cameras are rolling and you capture this craziness. >> amazing picture. my goodness. >>> oklahoma city police are looking for whoever put two pipe bombs on a truck. the driver found them attached to his fuel tank after he got back from a 400-mile trip. the truck reportedly was hauling rock. you can imagine what happened if this thing blew up. a bomb squad destroyed the explosives. >>> also new this morning, a medical chopper goes down in north central illinois, it was on its way to a hospital. three people on board all crew members, were killed. rockford memorial hospital told the chicago tribune that two nurses were on the chopper as well. no patients were on the chopper. >>> just 21 days until the tax hikes and spending cuts kick in. remember, congress is supposed to break for the holidays at the end of this week. here's the latest. house speaker john boehner and his aides were quietly conducting behind the scenes fiscal cliff talks with the white house. on capitol hill for one day at least, all was pretty quiet. posturing and finger pointing kind of stopped. cnn political reporter s
housing data out tod home prices rose 4.3% in the 12 months ending in october in a 20-city composite, beating analysts' forecasts. it did appear as 12 of the 20 cities in both composites posted monthly declines in october. david blitzer will join us in just a few minutes to go over this data. bottom line here, better than expected. maybe this is enough to keep this sector going. a very strong sector in consumer discretionary overall. home builders have really been a double in 2012. >> it wasn't until the second half of this word that you started hearing the words housing and gdp growth in the same sentence. perhaps the most significant part of the economy for so much of the early parts of the 2000s. we'll see. they do call it a sustained recovery. that is, s&p-case schiller, and the recovery continues to gather strength. >> the best performing sector, though, financials. >> financials, yeah. >> 26% on financials. utilities the only one lower for the year. nine out of ten s&p sectors higher. that doesn't happen a whole lot. >> no. >> when we come back, christmas day may be over, but w
@cnbc.com. coming up, the outlook for health care in 2013. here's a hint -- think taxes. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ >>> time to prep your portfolio. bertha coombs with what's in stoke for the health care sector in 2013. >> reporter: the rollout of bicycle care will weigh heavily on health care services, medical devices, and health insurers. hospital stocks the best performers in the health care sector in 2012, likely to be volatile and vulnerable in 2013. new medicare rules peg reimbursement rates more to outcomes rather than just the number of procedures. for insurers, 2013 will bring more m&a to diversified business as u.s. profit margins are kweezed by regulation and competition -- squeezed by regulation and competition. the acquisition of brazil
. they were heading to an airport near mexico city. the wreckage was spotted in the mountainous northern state. we have more on the life of the singer jenni rivera. what can you tell us? >> good morning. she sold 50 million records, won two billboard music awards and was a star of her reality show and served as a judge on a popular talent show in mexico. hard-working until the end. she performed the last concert saturday night in monterey, mexico, hours before dying in a plane crash on her way to yet another commitment. [ speaking spanish ] they call her diva. and for anyone who ever saw her on stage, it was easy to see why. she sang heartwrenching song that's spoke to the common woman, especially mexican-americans. >> translator: every song, every lyric i'm thinking of them and how i can relate to them. >> reporter: jenni rivera was born in long beach, california to mexican parents, their story of humble origins. with an interview in cnn, she spoke about how she sold records at a los angeles flea market and how the family expected cans for the meager income they could bring in selling the met
an apartment, it was not that valuable. >> it's not practical for a new york city dweller, for instance. >> when you get houses, you see the mexican properties? i'm saying they're going up there. >> oh, really? >> yeah. if anybody wants one. >> available for weekend rental. >> semiautomatic weapon included. >> somebody stole it from me, he thought i was going to stop there, and let hem get away with it, and that's not really my style. >> would you kidnap jim cramer, david? i'm not sure. >> no. >> it would end there. >> it never ends. >> if the guy had done nothing, i would have said fib. but i found him -- no one has seen "taken 2." >> how could you not? what a great franchise. >> i know. >> she's been taken. >> really bad luck. >> when we come back, apple tv, microsoft surface tablets, we'll bring you the latest development regarding both of those. more from the deal book conference in manhattan, including an exclusive with lloyd feinstein. 11:00 a.m. eastern time. hanging on to gains. at the nyse, when we return. can i help you? i heard you guys can ship ground for less than the ups s
where you come from. but what has created a problem in the united states, is to say in cities and schools, those are areas where we're not going to allow them to defend themselves? >> what is the murder rate in great britain for the last three years? >> it's under 3 for 100,000. >> just give me a number. >> it's actually .3 per 100,000. about a tenth of what it is in your vaunted english bucolic country, sir. the fact of the matter with guns comes safety. if the guns are in the hands of the good guys. when you say the good guys can't have guns, the bad guys have a monopoly and horrible things sufficient as shootings at schools take place. >> the ar-15 as we've seen in the last three shootings, aurora, the shopping mall in oregon and now sandy hook, the preferred weapon for young men who want to transfer hundreds of bullets of rapid fire if you have the right magazines. the president has stated he wants to ban weapons like this. what is your view? >> i think we need to ban gun control laws from people who need to protect themselves. the problem is not going to go away if we ban
: investors taking a shine in a big way in solar city, about blinding. the stock rallied, double digits, up 47% up on the first day of trading after a rocky road. they delayed the ipo and chopped the offering price. what got investors excited? really finally fairly priced? a lot of ipos get greedy. we sit down with the chairman, the ceo and co-founder. david: talking about facebook? liz: not really. david: battle over the cliff on capitol hill continues, boehner set to meet with president obama within an hour. we are there on capitol hill with the latest developments. liz: shopping bags, retail sales rebounded, but not every retailer was seeing green. breaking down the names that really won that should be, perhaps, on your portfolio shopping list. make money here. stay with us. ♪ [ male announcer ] this isteve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like
chickens in the two, three, four tier cities. they're equal to chicago, right? >> yeah. 200 cities in china the size of chicago, in terms of population. >> and those are small. >> can you imagine the lines at starbucks there? a cappuccino machine goes down, it could shut down the whole city. >> my daughter was asking, how did there come to be so many people in china? >> 200 years ago, i guess, that's a long time -- >> the nation building? >> i didn't have an answer. >> discovery will do us -- >> fill me in. i need to brush up on my -- >> but david faber isn't ignorant. his hair looks better. china, here's the story. >> hair looks better. then china better. relative issue. >> it's a relative issue. thank you. very nice. >>> let's check with mary thompson, on the floor in for bob pisani today. >> weakness across the board. weakness in the nasdaq, down about 20 points. the dow lost in early trade. a little more modest in the s&p, down 4.25%. traders saying the fiscal cliff headlines will continue to dictate trading. and here there was a little reaction in the futures market ahead of today's op
. [applause] >> now that that the turnpike extends past the city to the airport, any thoughts about revising the song? >> you mean the turnpike no longer ends in boston, it goes all the way to summer set, no. what town is the airport in? >> that's got a ring to it but it doesn't rhyme. that's the thing is the internal rhyme. that song has four rhyming schemes going at once. it's got to be boston unless they take it to aust tin texas. [applause] >> i want to thank all of you for joining us this afternoon. i want to remind you of our next lunch on december 18, we have leon panetta, i'm sure if you have some advice on how to stolve fiscal cliff i'm sure heed like to hear that. >> while you are writing your next song i'd like to present you with your coffee mug. it might give you some inspiration. >> thank you so much. [applause] >> i want to thank the national press club staff including the journalism broadcast center for organizing today's event. and i was wondering if you had one last song you'd like to sing us out on. >> [applause] >> can she borrow your stool? >> this is my wife kim and her
how some cities are arming teachers. while many parents are taking safety into their own hands by buying bullet-resistant backpacks for their children. >> there's a lot of fear out there. there is a lot of fear. >> nothing shows it more than that. >>> let's get to the breaking developments on the extreme weather battering much of the country. there's reports of damaging tornados in the south? >> yeah, everything you're going to see, elizabeth, is coming from one storm system. from those dust storms in texas, to the severe warnings in seven states. let's take the ones that are immediate right now. the biggest danger from the severe storm reports. we have multiple tornado warnings popping up right now in alabama and louisiana. we had reports of folks trapped in mobile and damage in the storms popping up as we speak right now in all of those storm zones. this is where the storms are likely to be strongest today. this storm system has a big snowmaking low to the north. but a cold front to the south. jacksonville, to atlanta to charleston to raleigh. this is where the strong storms,
's 1994 levels. >> that's a big part of morgan stanley's call on citi today. from overweight to equal weight. consumer deleveraging in their view coming to an end. and the more clarity on regulations. we are exiting this really weird period of uncertainty. rules come into focus. and if these consumer balance sheet numbers are right. next year could look different, jim. >> yes. there are a lot of assets -- look, a lot of bad loans that are becoming good loans. citi was always relatively opaque. i tried many, many times to penetrate citi holdings, which is the legacy of the core running it now. it may be good. i mean, pandit always promised me the money in holdings was money good. if you go to the book value of companies like morgan stanley, 9% of book -- i mean, in other words, what i'm saying is, xlf, look out. 14 to 16 from june to now. but it could go back to a much higher level. >> you wonder about the nominations to treasury, good time to get out of the business. righting the ship, moving on to something else? >> elizabeth arden, now senator-elect on the banking committee, has alw
rose was provided by the captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: we begin tonight with an assessment of the u.s. and global economy, all eyes remain on efforts to avoid the fiscal cliff deadline on january 1st, when automatic spending cuts and tax increases are set to take hold. there is growing optimism on capitol hill that a deal could come soon, yesterday president obama said he would be willing to lower his revenue goal and tax increases at 400,000 instead of 250,000 per household. >> john boehner said he developed a backup plan to avert year-end tax increases if the negotiations with president obama stalls, this occurs in the backdrop of an economic that is bettering on housing and employment data, the global economy continues fragile with the european debt crisis and china i in in. >> rogoff is a professor of public policy and economics at harvard, he is a coauthor of the best selling book, this time is different, eight centuries of financial folly, many consider it to be the authoritative text on the impact of
to the foundation's intent to sue the city for its city seal which contained a cross and a billboard that included elements of that city seal that was in a city park. mr. speaker, this is an outrage. the seal and sign are harming no one. they are widely embringsed by the citizens of bulla kansas. it contains the words values and progressive ideas. unfortunately in this case progressive ideas are making a war on traditional values and it's high time for that to stop. some will claim the first amendment to the constitution requires the cross be removed from this seal and sign. that's hogwash. the first amendment begins with the words congress shall make no law prohibiting the free exercise thereof. in this instance congress made no law. for that reason alone the first amendment does not apply. furthermore, it cannot be set that this simple seal in any way is an establishment of religion. there is no officially supported secretary or denomination in the manner, this is not in any way an endorsement of any particular religion or any religious denomination. in short the first amendment as originally wr
to control of the capital city of damascus. we will take all that up there with the fox news military analyst, new intelligence report that concludes america's time as the lone superpower is nearing an end. john negroponte joins us to discuss our nation's future as a superpower and the challenges we surely face. and president obama ignoring immigration reform in the first term only a matter of time before he makes new proposals should republican party takes the lead on the issue. when will it be enough to lure latino voters in that is their purpose. egypt is worsening. clinical crisis shows no signs of easing as the new muslim brotherhood leadership tries to silence opposition. so far the obama administration is trying to play both sides respecting the countries efforts at democracy at least in the opinion of the administration, meanwhile predicting individual freedoms. but how it will all play out is uncertain. loyal to the regime are using scud missiles. the move representing a sharp escalation in the two-year-old conflict at which more than 40,000 people have been kled. he could use chemic
secretary and odot, we took down 9,000-foot bridge in oklahoma city. and to get rid of structurally deficient and obsolete bridges. so over the next 10 years, we will go from the bottom in the country in terms of structurally deficient and obsolete bridges to the top in terms of creating that infrastructure in our state. and we're literally recycling beams and saving millions of dollars by something that would have just been thrown out under normal circumstances. and it's the only project like that of its kind in the country that we're pretty proud of. the other thing that we're doing, roxanne's governor, governor hickenlooper, tom mentioned before the third bucket of energy. governor fallin and governor hickenlooper created an initiative to convert state fleets to c.n.g. and governor mcdonell as well is supportive. we went to detroit with a group of 13 governors signed on to an m.o.u. and we had -- convert our fleets to c.n.g. and produce a fleet vehicle and give us that ability to do that efficiently. we'll give you the market. we'll put up 5,000 cars that we commit to buying. and
share while they were waiting for that i5 to come out. and citi research has downgraded apple from a hold to a buy. you can see there just below $500. >>> also, the national association for business economics growth in 2013 to come in at 2.1% after growing by 2.2% in 2012. that would continue the same tepid growth that the country has seen since the recession ended back in mid 2009. >>> and the nation is mourning the horrific event of friday in newtown, connecticut. president obama spoke last night about change. >> we can't kol rate this any more. these tragedies must end. and to end them, we must change. we will be told that the causes of such violence are complex, and that is true. no single law, no set of laws can eliminate evil from the world or event every senseless act of violence in our society. >>> and earlier in the day, new york city mayor michael bloomberg called on the president to lead the nation on the issue of gun control. >> it's time for the president, i think, to stand up and lead and tell this country what we should do. not go to congress and say, what you guys w
the straight equities business. der riff city was the key. >> people want to believe this is not going to be the latest in a chain of squelch deals, denied deals. you think this one -- >> this one does not appear to have any hair on it when it comes to antitrust. >> nationalism. >> two u.s. companies. two u.s. companies. unless you want new york versus atlanta. that could be -- >> we did that. >> atlanta, the financial capital of the world. not the same ring to it. >> oracle buys a company. yesterday, merkel buys a company. today -- >> angela merkel bought a company? >> play that out. the insurance business. gardner denver perhaps. david -- >> yeah. >> this is deal mania. >> mention arris, trading up again, double the size of the -- what is happening? >> ge this week. >> potentially, the italian enginemaker. >> the fiscal cliff, result supposed to be frozen? aren't we supposed to be paralyzed? >> i guess the clock ran out on everybody saying we can't do anything? >> this is huge for us. >> i don't have a legitimate answer for you. none of these transactions are going to close this year
a free city protected by the western powers. in 1958, there was an ultimatum. the west had to be out of berlin in six months or else. this was a crisis, the gravest crisis of the cold war up to that point. the prez -- the press, congress, and the administration thought if meant war. we needed resolve to beef up the troops' strength and defy the red army. meeting privately with the leaders, president eisenhower said we're not going to do that. indeed, he said, we're cutting forces in germany by 50,000 men. his advisers and the congressmen bewildered. cut the troop strength? won't that show weakness? ike was all alone and heavily criticized in the press. he seemed utterly unphased. eisenhower had a great capacity to take responsibility. he may have seen that famous photograph taken of ike on the eve of d-day in june 1944. general eisenhower, the supreme allied commander, wearing normal uniform, talking to a group of paratroopers, geared up, faces blackened, ready to jump mind german lines. ike came to see the men because he was told they were not likely to come back. the airborne assau
this city on fire. >> marco rubio. senator from florida whose articulate to the point of almost being dem ogic. . but he is a riveting speaker and he has a future. >> are you afraid of him. >> no. i just pointed out his attributes. >> he is richly republican. you know that? >> right. but the democrats have their bench, too. >> i mean, after that, you know, the democrats still going to embrace you? >> i still think that bill clinton's speech at the democratic convention was the most exciting moment of that convention. turned around the whole convention and once again revealed the great talents of bill clinton. >> does he save it? >> you are showing your brilliance again. >> i absolutely agree. a better job than barack obama did. >> i want to add to the clinton tribute. the most charismatic bill clinton. for stellar performance of the democratic national convention. his 40 minute speech was critical for a second term for barack obama. it redefined the global economic crisis. he described it as a product of >>> okay. bummest rap, pat? >> hurricane sandy was caused by global warming. what a
. >> experts though say europe's us aer the city a drag on the economic growth because it relies too much on taxation while failing to reign in the expansion of government. that would seem to back up a republican theme in the fiscal cliff argument. >> if we raise taxes on the top two rate, a million small businesses who employ 25% of the work force it will cost us over 700,000 jobs and reduce economic growth, lower take home pay and those things. that is a bad scenario. >> the league negotiator on the republican side of the table facing mr. obama says raiding taxes on upper -- raising taxes on upper income americans is not going to fix the problem that the country is facing. >> even the president got the tax rate hike he wanted understand we would continue to see trillion dollar deficits for as far as the eye can see. listen, washington has got a spending problem, not a re-knew problem. >> for many top democrats it's all about taxes and not spending cuts in averting the fiscal cliff. >> the facts are at that point the 39.6% does produce the revenue. the differentiation between 39.6% and t
'm not a marxist, but class wise. and it's very true. i remember growing up in chandler, arizona, a city of about 12,000. and my dad was a ranch foreman on a cattle ranch. didn't make a ton of money, and yet somehow he provided for my mother, my college education, insurance. i don't know how he did it. but i looked across the street at another very middle class family. i looked across the street diagonally, and one of the richest families in chandler lived there, and the lot next to them was their pool and their poolhouse. who's a guest at their pool every single week? me. who plays monopoly with their kids? me. you don't see that much anymore. the superzips, as murray calls them, are highly i insulated and rarely get middle america at all in terms of entertainment, culturally, it's just a terrible split. and that is something we have to repair. >> [inaudible] >> matt flynn, charles koch foundation. when you say that it's something we need to repair, what would you prescribe to be a fix for that? isn't that undermining the idea of spontaneous order? >> no. i think that all order has certain const
in a very densely populated region of new york city, long island, and the southern portions of new york state. and so i think it's a stark reminder, a very real example, a very painful outcome that speaks to the need of investing, investing in our infrastructure. and so as we go forward there's also an opportunity to improve upon what existed at the time of these storms. for instance, in the energy networks, utility networks, we can do state of the art. we have taught other nations how to build those systems. it's time to do nation building at home. and i think the beauty here is that while we invest in transportation and other infrastructure, energy infrastructure and water systems and treatment centers and treatment systems and public schools, what we're doing is rippling into the benefits of efficiency, of public safety, of employment and economic development. that is a positive series of dynamics that then lifts the economy and provides for work. 90% of the jobs, it's projected, that come from this sort of infrastructure investment are speaking to middle income households. jobs that
has made a request. yes, is it a hefty $60 billion? but look at who was hit -- a big city that's the heart -- one of the heartbeats of america: new york. and a little community like crisfield. now matter h.j. you live in -- but no matter whether you live in new york city or in crisfield, maryland, you deserve the help of your government. and i say to my colleagues, let's think of the people we were sent here to represent. we weren't sent here to represent a bottom line. we were here to represent people. and i would hope that we would put into place -- that we would pass the president's request. we have great policies that were arrived at. and if you really want to honor senator inouye, let's honor the way his own code of conduct -- a gentle way, a civil way, a consensus builder, a bipartisan builder, and a worker to move this bill. senator inouye chaired the full committee on aeption pros these -- on appropriations these last couple of years. his own staff shared a story with me. and it is relative with me here. he said, i chair the defense committee -- subcommittee,ances and t
cities and towns. in the 11th congressional district which i represent in new york city, the new york city police department reported 274 victims from 226 incidents involving gun violence. and that was in two neighborhoods in the district that i represent. the majority of these crimes were registered in just two communities. 274 victims from 226 incidents. now, fortunately, not everyone perished in these incidents, but one incident leads to many and the repercussions and trauma to those who witnessed these incidents who dooged a bullet in our community, is immeasurable. we have the authority to focus our efforts on penalties for gun trafficking and unlawful sales of firearms. we have the authority to prevent the retail sale of assault weapons and high capacity magazines or clips designed for military combat use and we have the ability to register handguns and microstamp munitions to trace ownership and origin. we have the authority. we only need to have the courage to act. the newtown tragedy has highlighted a vexing issue that we as americans must address. it is imperative that we se
. >> the city street sweepers didn't come often enough so he bought his own street sweeper and has one of his staff people take care of that frequently. it is a be bit extreme i know that but at some lel it has to register with his customers and pay him back in many, many ways, as i travel the world i love spotting examples of great customer service and hospitality, such as the coffee shop who writes, enjoy with whip cream on the top of a the bellman who goes to a neighboring hotel to find a foam pillow for me. the water dish for pets outside a bakery in our neighborhood. none of these is going to win a major business prize, but they do this: they separate themselves from the competition and give us a reason to keep coming back. i don't know what business you are in, but i know lots of other people speak and write like i do, am always looking for ways to offer something that others do not. ask your staff, ask your customers, what's our version of street sweeping? i'm lou heckler. >> finally tonight, the story we have to acknowledge, many of us with kids, grandkids, nieces and nephews here, su
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